
kuzmabruk
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Everything posted by kuzmabruk
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Report British Tourists Warned: Thai Drug Mule Scam on the Rise
kuzmabruk replied to snoop1130's topic in Thailand News
i am thinking these people are either do ignorant we are all better off without them OR maybe they are thinking their foreign prison experience will be a best seller or maybe a movie and they will (after incarceration) be RICH! -
Tourism Thailand Hosts "Sawasdee Ni Hao" to Boost Chinese Tourism
kuzmabruk replied to snoop1130's topic in Thailand News
oh how I miss the days of covid. Wonder when President Xi will release his next pandemic? I was predicting 2025, and might stick with that. Sawadee Ni Hao Ma…..555 -
Video Thai Man Goes Viral for Riding Motorbike on Mattress in Sisaket
kuzmabruk replied to snoop1130's topic in Isaan News
Probably drove past a police road check and was laughed at. Idiots. Land of Stupid -
Video Tourist Flees Angry Thai Men After Violating Krabi Park Rules
kuzmabruk replied to snoop1130's topic in Krabi News
You mean like dogs ? -
Report Police Clamp Down on Prostitution to Protect Pattaya’s Image
kuzmabruk replied to webfact's topic in Pattaya News
Never happen. Never was. We never wanted Pattaya free from girls. A lot of us came for the girls. Now I see the beach and the girls are gone and their mothers are working hard to bring home some bacon. Gross but I guess necessary -
Crime Ex-Air Hostess Claims £1.5M Drug Stitch-Up in Sri Lanka
kuzmabruk replied to snoop1130's topic in Thailand News
completely fabricated cr@p. A mule who was caught. Ain’t going to sway the courts. Her life as she knows it - over. No sympathy for liars or fools. -
Report Beware of Tourist Scams: Bangkok Named Top Hotspot for Fraud
kuzmabruk replied to snoop1130's topic in Bangkok News
LOS. Used to be land of smiles, now “land of” - stupid, scams, scum and soon just plain old sh!t. I am married with 2 small kids and we are seriously looking to move to Bali. Cleaner. Better beaches. Environmentally friendly. Etc. Etc. Etc. Also they don’t change their visa or tax rules every time someone sneezes. -
Community Condo Resident Releases Snake to Protest Against Dog Owner
kuzmabruk replied to webfact's topic in Thailand News
Prefer a russkie disco to a Thai farmer disco. I understand why there are so many murders in Thailand after a few hours of Wat music or Thai farmer music, I want to kill people! Anyone! I don’t care. -
Report Foreign Earnings Taxed Under New Thai Rules - But With Exceptions
kuzmabruk replied to snoop1130's topic in Thailand News
Is this why you live in Thailand? Did you tell that to your home country revenue department? And now you are wanted for tax evasion. I would think your home country prison would be more comfortable that the Thai prison that you might be visiting. Tax evasion is a serious crime even in Thailand. Be careful. -
Report Israeli Tourist Busted for Selling Magic Mushrooms on Koh Samui
kuzmabruk replied to snoop1130's topic in Koh Samui News
If you have a work permit you can work in your shop or anyone else’s for that matter. The work permit is the key ingredient. Owning a shop does not allow you to work in it. -
Report Doctors in Hot Water: Police Probe Looms Over Thaksin Case
kuzmabruk replied to webfact's topic in Thailand News
Expecting no punishment, a slap on the wrist and a 6-month suspension (forced holiday) with pay -
Economy Vietnam Tourism Threat Looms: Could It Overtake Thailand?
kuzmabruk replied to webfact's topic in Thailand News
With first class facilities like Pattaya Water Park, Thailand will continue to attract the well heeled foreigners who live on their frozen pensions. Recently we visited Safari World Bangkok. Many cages were empty and I assume the facilities have not been touched/repaired since the place was constructed. What a dump. -
Crime British Tenant Trashes Pattaya Rental, Landlord Seeks Legal Action
kuzmabruk replied to Georgealbert's topic in Pattaya News
in India the deposit has always been 10 months during the more than a decade I was there -
Financial Requirements for Thai Shareholders in a Land Acquisition Company (100 Million Baht Purchase) General Structure and Legal Context Thai law permits a company to own land if the majority of shares (over 50%) are held by Thai nationals. However, the use of nominee Thai shareholders to facilitate land acquisition by foreigners is strictly prohibited. Authorities closely scrutinize the financial backgrounds of Thai shareholders to ensure they are genuine investors and not acting as proxies for foreigners14. Financial Requirements for Thai Shareholders When a company (including one purchasing land worth 100 million baht) is set up to acquire land, the Thai shareholders must demonstrate their financial capability to invest in the company. Specifically: Proof of Income and Salary: Thai shareholders must submit proof of their income and monthly salary. This is to verify that they have the financial means to purchase their shares and are not acting as nominees1. Source of Funds: Authorities investigate the origin of the funds used by Thai shareholders to acquire their shares. If the funds appear to originate from the foreign party (for example, through loans or gifts), the application may be rejected14. Professional and Financial Background: The profession and income of Thai shareholders are taken into account. For example, a shareholder cannot be a low-income individual such as a cleaner from the law firm setting up the company14. No Nominee Arrangements: Any arrangement where Thai shareholders are not genuine investors or do not have the financial capacity to hold their shares will result in the rejection of the land purchase application14. Summary Table: Key Financial Requirements Requirement Details Proof of Income/Salary Must be provided by each Thai shareholder Source of Funds Must be verifiable and not traceable back to the foreign party Professional Background Must be credible and consistent with the shareholder’s financial capacity No Nominee Shareholders Strictly prohibited; Thai shareholders must be genuine investors Additional Notes If the company is BOI-promoted and meets specific criteria (such as a minimum paid-up capital of 50 million baht), different rules may apply, but these are not relevant to the standard land acquisition company structure described above235. The authorities’ scrutiny has intensified, and any suspicion of nominee arrangements can result in rejection of the land purchase application14. In summary, Thai shareholders in a land acquisition company must provide clear evidence of their financial capacity to invest, and their funds must not originate from or be controlled by foreigners. The use of nominee shareholders is illegal and will result in the rejection of the land purchase. Citations: https://www.samuiforsale.com/knowledge/land-holding-company-structure.html https://franklegaltax.com/boi-revises-regulations-for-land-ownership/ https://belaws.com/thailand/land-ownership-rights/ https://www.lorenz-partners.com/owners-property-tha/ https://belaws.com/thailand/real-estate-law-in-thailand/ https://benoit-partners.com/real-estate-investment-thailand/ https://www.boi.go.th/index.php?page=setting_up_a_business https://www.siam-legal.com/thailand-law/steps-for-company-registration-in-thailand-2/ https://www.dsi.go.th/Upload/392a03a714cbda9d4972a5fda6cc1b51.pdf http://www.thailandlawonline.com/66-real-estate-legal-issues/14-can-a-thai-company-be-my-nominee-for-land-acquisition https://startupinthailand.com/buying-property-in-thailand-through-a-thai-business/ https://www.sunbeltasia.com/setting-up-a-100-percent-foreign-owned-company-in-thailand-what-are-the-options/ Answer from Perplexity: pplx.ai/share
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Tourism Thailand Vows to End Dual Pricing Amid Growing Tourist Backlash
kuzmabruk replied to webfact's topic in Thailand News
Out of 40 million tourists. Who cares. Fix infrastructure. That will make locals and foreigners happy -
Report Thailand’s Emergency Alert System Goes Live in Major Test
kuzmabruk replied to webfact's topic in Thailand News
At home your phone is connected to both networks with wifi being preferred but not only. as to this technical wonder of cellular broadcasting. Cell Broadcast messaging was first demonstrated in Paris in 1997. now to be demonstrated in Thailand 28 years later technical geniuses at work here